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Shell buys UK's biggest electric car charging network - Vimarsana News

Shell buys UK's biggest electric car charging network

Shell buys UK's biggest electric car charging network Oil giant has paid an undisclosed sum for Ubitricity, the owner of 2,700 charge points in the UK 25 January 2021 • 3:47pm Shell has bought the UK’s largest public electric vehicle charge-point owner as it positions itself for a shift away from fossil fuel engines.  The FTSE 100 oil and gas producer is paying an undisclosed sum for Ubitricity, founded in Berlin, Germany, which now has more than 2,700 charge points in the UK, more than 13pc of the market. Ubitricity installs charge points into street furniture such as lamp posts and bo...

Shell acquires 'UK's largest' public EV charging network - Vimarsana News

Shell acquires 'UK's largest' public EV charging network

Shell has acquired what is claimed to be the UK’s largest electric vehicle (EV) charging network. The oil giant has agreed to buy the electric vehicle charging infrastructure provider ubitricity, which operates in many European countries and has an EV charging network with more than 2,700 charge points across the UK. Ubitricity’s technology has also been deployed in more than 1,500 private charge points for fleet customers within Europe. The firm has worked with local authorities to install EV charging into existing street infrastructure, including lamp posts and bollards. The acquisition...